In & Out

In-N-Out Burger Net Lease Investment Opportunity
Los Angeles, CA MSA
20-Year Absolute Triple Net Lease | Fee Simple Ownership | Iconic Tenant

This offering presents a rare opportunity to acquire a brand-new, single-tenant In-N-Out Burger in the Los Angeles, California Metropolitan Statistical Area, one of the most dynamic and high-demand retail markets in the nation. Backed by a long-term 20-year absolute triple net (NNN) lease, this investment delivers secure, management-free income from one of the most iconic and successful fast-food brands in the United States. With exceptional real estate fundamentals, a corporate-backed guarantee, and a premier Southern California location, this property represents an unparalleled net lease investment.

Location and Market Overview
The Los Angeles MSA is the second-largest metro in the United States, home to more than 13 million residents. Known for its global influence in business, entertainment, technology, and culture, the region is a key driver of the national economy. Los Angeles continues to experience strong population growth, high consumer demand, and robust real estate fundamentals, making it one of the most desirable markets for long-term investment.

The subject property is strategically positioned along a major arterial road with daily traffic counts exceeding 61,000 vehicles. Located on a prominent hard corner, the site offers excellent visibility, convenient ingress and egress, and consistent consumer activity. The surrounding trade area includes nationally recognized retailers such as Target, Costco, Walmart, and Whole Foods, as well as a mix of dense residential neighborhoods and high-traffic commercial districts.

Demographics
The surrounding area boasts some of the strongest demographics in the country. Within a three-mile radius, the population exceeds 165,000 residents, with average household incomes surpassing $112,000. Expanding to five miles, the population grows to more than 365,000 residents, supported by Los Angeles’ dense urban environment and diverse economy. This affluent and densely populated trade area provides a strong customer base for In-N-Out Burger’s loyal following.

Property Details
The property consists of a freestanding In-N-Out Burger restaurant totaling approximately 3,800 square feet on a 1.2-acre parcel. Built to the brand’s modern prototype, the facility includes a double drive-thru lane to accommodate high customer volumes, a spacious dining area, and updated kitchen equipment. The site offers ample on-site parking, prominent signage, and optimal site circulation designed to handle consistent peak demand.

Ownership is offered fee simple, granting the buyer full control of both land and improvements, ensuring long-term stability and value.

Lease Structure and Tenant Guarantee
The property is backed by a new 20-year absolute triple net (NNN) lease. Under this structure, the tenant is responsible for all expenses including real estate taxes, insurance, and maintenance, providing the investor with a completely passive ownership experience. The lease includes 10% rental increases every five years, ensuring strong and predictable income growth throughout the 20-year term.

In-N-Out Burger, founded in 1948 and headquartered in Irvine, California, is one of the nation’s most successful quick-service restaurant chains. With more than 400 locations across the western United States, the company maintains a cult-like following and industry-leading unit economics, including some of the highest average unit sales volumes in the fast-food sector. Known for its debt-free corporate structure, private ownership, and unmatched brand loyalty, In-N-Out Burger represents one of the most secure tenants in the QSR space.

Surrounding Area and Trade Drivers
The Los Angeles MSA provides unmatched trade area strength. The property benefits from proximity to major employment hubs, universities, healthcare systems, and retail centers. Its location on a heavily trafficked corridor ensures a steady stream of daily commuters and destination traffic. The combination of a dense residential base, high-income households, and strong local consumer spending supports long-term tenant performance.

Investment Highlights

• Brand-new 20-year absolute triple net (NNN) lease with In-N-Out Burger.
• Fee simple ownership of a 1.2-acre parcel with a 3,800-square-foot modern prototype restaurant.
• Tenant responsible for all expenses, offering 100% passive ownership.
• Scheduled 10% rental increases every five years, ensuring dependable income growth.
• Corporate-backed guarantee from In-N-Out Burger, one of the most successful and iconic QSR brands in the nation.
• Prime Los Angeles MSA location with daily traffic counts exceeding 61,000 vehicles.
• Exceptional demographics: 165,000+ residents within three miles and 365,000+ within five miles, with household incomes surpassing $112,000.
• Double drive-thru prototype designed to meet high customer demand.
• Highly attractive for 1031 exchange buyers, REITs, private equity groups, and institutional investors seeking long-term, stable, and appreciation-driven assets.

Buyer Profile and Financing
The property is ideally suited for 1031 exchange buyers, REITs, and institutional investors seeking a premier, management-free investment. In-N-Out Burger’s long-term absolute NNN lease, coupled with the company’s strong financial performance and brand dominance, offers lenders significant confidence and enables highly competitive financing options.

Conclusion
This In-N-Out Burger in the Los Angeles MSA represents one of the most desirable net lease investment opportunities available in today’s market. With a 20-year absolute NNN lease, corporate-backed guarantee, scheduled rent escalations, and a prime location in one of the nation’s strongest markets, this property delivers unmatched stability, long-term income, and appreciation potential.

Qualified investors are encouraged to request the full offering memorandum, tenant lease abstract, and financial details.